N.Y. regulator to investigate exposure of mortage documents

A New York State financial regulator is investigating a security vulnerability at First American Financial Corporation, a title insurance company, that exposed an estimated 885 million records related to mortgage deals.

The inquiry, by the Department of Financial Services, is likely to be followed by other investigations from regulators and law-enforcement authorities into a security failure that exposed 16 years of digital documents containing bank account statements, tax records, Social Security numbers, wire transaction receipts and images from drivers licenses.